Loan Repayment Information

Responsible borrowing helps you pay for college, but also helps you establish a good credit history. Similarly, not making your regular monthly payments can result in a poor credit rating or even default. TU students have been responsible borrowers. Here are a few facts:

  • TU's 3 year default rate estimated as of 2011 is 7.2%.
  • Over half of TU students borrow while in school.
  • TU undergraduate federal loan borrowers graduating in May 2014 had an average debt of about $24,625 resulting in a 10-year standard monthly payment of approximately $283 per month at today's interest rates.

The average indebtedness based on College is as follows:

Undergraduate College % who borrowed Average Debt
Arts & Sciences 53% $25,274
Business 49% $21,840
Engineering & Natural Sciences 46% $26,513
Graduate College* % who borrowed Average Debt
Arts & Sciences 54% $37,248
Business 32% $47,572
Engineering & Natural Sciences 29% $37,356
Law College* % who borrowed Average Debt
College of Law 84% $99,305

*Includes loans taken while at The Universityof Tulsa during undergraduate years.

Certificate of Paralegal Studies


YearFederal Mean DebtPrivate Mean DebtInstitutional Finance
Plans Debt
2006 $13,155 $0 $272.71
2007 $16,684 $0 -
2008 $15,877 $10,055 $1,220.51
2009 $14,989 $0 -
2010 $12,592 $0 -
2011 $12,982 $0 $675.09

Information Security Certificate


YearFederal Mean DebtPrivate Mean DebtInstitutional Finance
Plans Debt
2009 $16, 449 $2,380 -
2010 $12,500 $0 -
2011 $8,631 $0 -

To try out specific loan payment plans, use the following links:

Private Loan Repayment Information

Refer to your Master Promissory Note or Final Disclosure Form from your private loan lender for specific details regarding terms and conditions or you may directly contact them. You may also contact Student Financial Services for general information or questions.